Trump tariffs on India: India is facing the brunt of the tariffs imposed by the US, including the 25% duties levied as punitive damages for buying cheaper Russian crude. The current 50% tariffs by Donald Trump on India threaten $45 billion worth of India’s exports. Amid higher tariffs, India’s products might lose competitiveness, potentially benefiting…
A federal appeals court struck down most of President Trump’s Congress-averting global import tariffs Friday in a dispute that’s predicted to head to the US Supreme Court. The 7-4 ruling, issued by 11 judges for the US Court of Appeals for the Federal Circuit in Washington, D.C., allows the tariffs to remain in place while…
The Trump administration began sending letters on Monday to U.S. trade partners that higher import tariffs could kick in by Aug. 1. President Donald Trump’s 90-day pause on the April 2 “reciprocal” tariffs was set to end Wednesday. Trump signed an executive order Monday delaying Wednesday’s tariff deadline by a little over three weeks. Trump…
“In today’s increasingly volatile world, all parties must take shared responsibility,” he said. “Military force is not a viable solution to international disputes. It only fuels hatred and deepens division. We must not return to the law of the jungle or embrace hegemonism and unilateral dominance.” He also raised concerns about the threat of a…